H&K Balance Sheet Health
Financial Health criteria checks 4/6
H&K has a total shareholder equity of €104.4M and total debt of €104.5M, which brings its debt-to-equity ratio to 100.1%. Its total assets and total liabilities are €353.9M and €249.5M respectively. H&K's EBIT is €49.8M making its interest coverage ratio 6.5. It has cash and short-term investments of €20.4M.
Key information
100.1%
Debt to equity ratio
€104.53m
Debt
Interest coverage ratio | 6.5x |
Cash | €20.42m |
Equity | €104.44m |
Total liabilities | €249.51m |
Total assets | €353.95m |
Recent financial health updates
These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt Extensively
Dec 21These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt Reasonably Well
Sep 15H&K (EPA:MLHK) Seems To Use Debt Quite Sensibly
Dec 15Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For H&K (EPA:MLHK)
May 03Unpleasant Surprises Could Be In Store For H&K AG's (EPA:MLHK) Shares
Apr 11H&K (EPA:MLHK) Is Looking To Continue Growing Its Returns On Capital
Feb 23These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt Extensively
Dec 21Under The Bonnet, H&K's (EPA:MLHK) Returns Look Impressive
Oct 11These 4 Measures Indicate That H&K (EPA:MLHK) Is Using Debt Reasonably Well
Sep 15Investor Optimism Abounds H&K AG (EPA:MLHK) But Growth Is Lacking
Apr 15H&K (EPA:MLHK) Knows How To Allocate Capital
Feb 24H&K (EPA:MLHK) Seems To Use Debt Quite Sensibly
Dec 15Returns At H&K (EPA:MLHK) Appear To Be Weighed Down
Oct 07The Strong Earnings Posted By H&K (EPA:MLHK) Are A Good Indication Of The Strength Of The Business
Aug 15Financial Position Analysis
Short Term Liabilities: MLHK's short term assets (€210.6M) exceed its short term liabilities (€81.1M).
Long Term Liabilities: MLHK's short term assets (€210.6M) exceed its long term liabilities (€168.4M).
Debt to Equity History and Analysis
Debt Level: MLHK's net debt to equity ratio (80.5%) is considered high.
Reducing Debt: MLHK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MLHK's debt is not well covered by operating cash flow (8%).
Interest Coverage: MLHK's interest payments on its debt are well covered by EBIT (6.5x coverage).